$3.51B UNI minted fresh on Base — the single largest tracked on-chain move right now
In one transaction, Mint/Burn (0x0) created $3.51 billion in UNI on the Base chain. The trigger shows the origin counterpary is 0x0 itself — a mint event, not a transfer from an existing wallet — and within the depth I traced these funds did not reach an exchange, mixer, or bridge.
They sit in self-custody or DeFi.
This wallet is already a known active player: over 3,200 tracked transfers across Base, BSC, Ethereum, and Hyperliquid, with Coinbase among its exchange counterparties. Its dominant asset by volume is PUFF, with roughly 7% in stablecoins — so UNI is new territory at this scale for the entity.
Meanwhile, the broader UNI market shows a slight inflow lean over the last 24 hours ($1.25M in vs $1.03M out), and 18 smart-money detectors are currently live on the token.